Average Earnings

Treasury written question – answered at on 17 April 2018.

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Photo of Marcus Jones Marcus Jones Vice-Chair, Conservative Party

What assessment his Department has made of the effect on working people of the increase in real wages projected by the Office for Budget Responsibility.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The Government welcome the fact that the OBR forecast real wages to increase in 2018, and to continue growing in every year of this parliament.

The Government is taking action to support incomes by increasing the National Living Wage, raising the personal allowance and freezing fuel duty.

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